{"schema_version":"secwatch.filing_event.v1","accession":"0001828962-24-000100","form_type":"8-K","ticker":"CRCT","cik":"0001828962","company_name":"Cricut, Inc.","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.757273+00:00","generated_at":"2026-05-31T12:33:16.235665+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cricut Q2 net income up 23% to $19.8M; connected machine revenue up 18% YoY","bullets":["Net income $19.8M (diluted EPS $0.09) vs $16.0M ($0.07) a year ago; 22nd consecutive profitable quarter.","Revenue $167.9M down 6% YoY; connected machines revenue up 18%, platform revenue $77.6M slightly up.","Paid subscribers over 2.8M (+3% YoY); Platform ARPU $52.61 (+5% YoY); Active Users 5.9M (flat).","Gross margin expanded to 53.5% (from 49.3%); operating income $26.4M vs $19.3M (margin 15.7% vs 10.8%).","Generated $35M cash from ops; repurchased 1.5M shares ($9.3M); paid special dividend $0.40 and semi-annual $0.10 per share in July."],"urls":{"canonical":"https://secwatch.observer/filing/0001828962-24-000100","json":"https://secwatch.observer/filing/0001828962-24-000100.json","markdown":"https://secwatch.observer/filing/0001828962-24-000100.md","text":"https://secwatch.observer/filing/0001828962-24-000100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828962/000182896224000100/0001828962-24-000100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828962/000182896224000100/crct-20240806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:33:16.235665+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}